Magnetic Profit System Review

magnetic-profitMagnetic Profit System is an automated trading software system that has released recently. It claims that once you set all of your trading parameters, it takes control and places trades on your behalf. While the system claims to be user friendly, the interface is some tedious and difficult to use, especially for those who have no experience trading binary options.

According to the creator of Magnetic Profit System, David Silversmith, claims that traders can make as much as $1,333 every hour by using this automated system, This is not a realistic amount for any trading system so we feel that he is being misleading to entice traders to sign up for Magnetic Profit System. In addition to this outrageous claim, David Silversmith promises that he will personally give traders that do not achieve these results 50 grand of his own money. This is an obvious scam tactic used by many other fake trading systems and you should use this as a warning sign that this system is most likely a scam rather than a reliable trading system.

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 80%
Minimum Deposit: $250
Countries: All nations

Pros:

– Fully automated trading software system
– Manual trading option

Cons:

– Customer service is not reliable
– Interface is not user friendly
– No proof of profit earnings available
– System is not regulated

7BO Verdict:

Not Reliable

 

Not Reliable Service

 

So Is Magnetic Profit System a Scam?

At this time we cannot confirm that this trading system is at all safe. We have seen far too many complaints regarding Magnetic Profit System to give us any reason to believe that it is a reliable system. The profits promised in the preliminary view and the sales pages are unrealistic and there has been no sustainable proof that anyone has achieved these results as of this writing.

With so many binary options trading platforms available today, it is not easy to find one that works for you…and is also reliable, which is why we recommend signing up for a system that has proven results and is trusted and regulated. Unfortunately, you will not be able to determine if the system you chose generates any profits unless you actually register for the system and try it for yourself.
Magnetic Profit System is still a relatively new service and at this time we cannot say if it is a reliable and safe service that will actually generate a substation profit. We recommend that you sign up with a system that has a reliable reputation.

Final Conclusion

Not ReliableAfter our thorough investigation of this product, we have come to the conclusion that this binary options trading system is not safe. The fact that we could not find any unbiased reviews just confirms our suspicions about this software system. They have yet to achieve the results they initially promised on their sales page and there is no way to communicate with their customer service team. We strongly recommend that you sign with a trusted trading system and avoid Magnetic Profit System.

Start trading now by opening a FREE account to a TRUSTED Binary Option Robot by clicking the link below:

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7 Binary Options review: Magnetic Profit System: 1 stars.
John Miller
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John Miller

John has worked in investment banking for 10 years and is the main author at 7 Binary Options. He holds a Master's degree in Economics.
John Miller
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